Wind Mobile agrees: consolidation in Canada's telecom industry is necessary
Let's talk subscribers.
Telus: 7 million. Bell: 7.3 million. Rogers: 9 million,
Wind, Public Mobile, and Mobilicty combined? Less than half a million, or under two percent the amount the Big Three has.
Granted, the telco titans have had many years to build their networks, but these numbers state very clearly that the stranglehold they have on Canada's telecom industry is too significant to ignore - and it's an obstacle to great for the wireless entrants to tackle as individuals.
Talk of consolidation is rampant ever since AT&T bought T-Mobile for $39 billion last weekend.
Now Wind Mobile, one of the entrants, has spoken out in favour of consolidation, with chairman Tony Lacavera stating this quite clearly in the Financial Post. If anyone could lead a consolidation, it would indeed be Wind, who has the best financial support backing it. And if this doesn't happen? Well, all three new entrants are likely to be eaten up by the big fish as soon as that becomes legally viable.